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Property profile & analytics
OFF-MARKET
Land

0 Carter St Okolona, MS 38860

13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13-acre industrial land parcel presents a compelling investment opportunity in Okolona, Mississippi. Located off S. Carter Street, this property boasts 370 feet of road frontage, providing excellent accessibility. The land is zoned for industrial use, making it ideal for a variety of commercial ventures. City utilities, including water and sewer, are readily available. A shared small pond is a unique feature of this property. The location offers convenient access to Tupelo and West Point, both approximately 30 minutes away. Note that an adjacent, similarly sized 13-acre parcel is also available for purchase, offering the potential to acquire a combined 26 acres. The asking price for this specific 13-acre tract is $78,000, translating to $6,000 per acre. This represents a strong value proposition for industrial development in a strategically located area. The property's industrial zoning ensures flexibility for various uses, while its proximity to major transportation routes enhances its appeal. The availability of city utilities simplifies development plans, minimizing upfront infrastructure costs. The potential for expansion by acquiring the adjacent parcel adds further investment appeal. This property is ready for immediate development or long-term holding.

Property profile
Verified
Property type Land
Lot 13 ac (566,280 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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